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Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
BNY Mellon Africa DR Index (CME:BKDAF)
Sidelines Mode (+55) - BKDAF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BKDAF?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKDAF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BKDAF
The long-term trend has been UP since Apr 1st, 2024 at 620.57
The intermediate-term trend has been DOWN since Apr 30th, 2024 at 615.89
The short-term trend has been UP since May 10th, 2024 at 629.47
Smart Scan Analysis for BKDAF
Based on our trend formula, BKDAF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 624.43 | 624.91 | 624.43 | 624.82 | +0.39 |
| Prev. Close | Volume | Bid | Ask | Time |
| 624.43 | 0 | 2024-05-17 04:50:47 |
| 52wk High | 721.18 | 52wk High Date | 2018-01-25 |
| 52wk Low | 551.75 | 52wk Low Date | 2018-11-27 |